Drastic headwinds in the server business are spurring Hewlett Packard Enterprise (HPE) to take drastic action. The company announced it would slash 3,000 jobs after a quarter in which excessive ...

Good afternoon, and welcome to the First Quarter Fiscal 2025 Hewlett Packard Enterprise Earnings Conference Call. At this time, all participants will be in a listen-only mode. We will be ...

Hewlett Packard Enterprise (HPE) is tumbling 16% after the tech firm reported slightly lower-than-expected fiscal first-quarter earnings per share and in-line revenue. HPE's Q2 revenue guidance ...

Hewlett Packard Enterprise’s shares fell 20% in after-hours trading Thursday after its earnings were overshadowed by news of layoffs and expectations that tariffs will have a negative impact ...

Hewlett Packard Enterprise said it would cut about 2,500 jobs, or 5% of its global workforce, in a cost-reduction program that came as the company said it expects its fiscal 2025 profit to be ...

2,500 HPE workers will lose their jobs by redundancy, another 500 by attrition Next-quarter revenue could be as low as $7.2 billion, $0.7 billion down HPE’s Juniper acquisition is causing ...

Dell saw a sequential slump in server sales its most recent quarter as customers were awaiting access to systems using Nvidia’s “Blackwell” GPUs, and rival Hewlett Packard Enterprise had a similar ...

March 7 (Reuters) - Shares of Hewlett Packard Enterprise (HPE.N), opens new tab fell 13% on Friday, after the AI-server maker said its annual profit forecast would be hit by U.S. tariffs in an ...

Hewlett Packard Enterprise, the multinational tech company headquartered in Spring, will cut about 2,500 employees over the next 18 months through layoffs and attrition as part of a plan to reduce ...

Hewlett Packard Enterprise Co. fell the most since 2020 after it said profit in the coming year would be hurt by tariffs, weak margins on server sales and execution issues. The company also said ...

Hewlett Packard Enterprise shares slid 19% in extended trading on Thursday as the data center equipment maker issued quarterly and full-year guidance that came in below consensus. HPE's revenue ...

Revenue grew 16% year-over-year to $7.9 billion, surpassing estimates by 1%. Non-GAAP EPS was $0.49, slightly missing the $0.50 estimate. Free cash flow declined significantly to -$877 million ...